Bethel Ridge Corp
- Assets
- $1.2m
- Revenue
- $7.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Basking Ridge, NJ
- Founding
- 08/1992
- Data as of
- 12/2022
- EIN
- 22-3135980
Organization Overview
Bethel Ridge Corp is located in Basking Ridge, NJ. The organization was established in 1992. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethel Ridge Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Bethel Ridge Corp generated $7.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (46.2%) each year. All expenses for the organization totaled $23.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (36.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF BETHEL RIDGE IS TO PROVIDE COMPREHENSIVE COMMUNITY-BASED SUPPORT FOR PEOPLE WITH SPECIAL NEEDS. BETHEL RIDGE, VIA ITS PARENT AVIDD COMMUNITY SERVICES, PROVIDES HIGH QUALITY PROGRAMS TO ENABLE INDIVIDUALS TO REACH THEIR HIGHEST LEVEL OF ACHIEVEMENT AND INDEPENDENCE. THESE PROGRAMS ENSURE THAT EACH INDIVIDUAL BECOMES A CONTRIBUTING MEMBER OF HIS OR HER COMMUNITY. TO FACILITATE ATTAINMENT OF THIS GOAL, EDUCATIONAL PROGRAMS AND SOCIAL/RECREATIONAL EXPERIENCES ARE PROVIDED TO SUPPORT AND ENRICH THE LIVES OF ADULTS. BETHEL RIDGE BELIEVES IN THE POTENTIAL OF ALL PEOPLE. WE VALUE CHOICE, DIGNITY, AND MUTUAL RESPECT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OWNS A GROUP HOME AND FACILITY THAT IS USED BY ITS RELATED PARENT ORGANIZATIONS FOR HOUSING AND RECREATION BY INDIVIDUALS WITH DEVELOPMENTAL DISABILTIIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Pote President | OfficerTrustee | 1 | $0 |
Robyn Aversa Vice President | OfficerTrustee | 1 | $0 |
Brendan Gross Treasurer | OfficerTrustee | 1 | $0 |
Judith Mcgrath-Burns Secretary | OfficerTrustee | 1 | $0 |
Jerold Rowan Trustee | Trustee | 1 | $0 |
David Wigg Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,525 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,525 |
| Total Program Service Revenue | $40 |
| Investment income | $51 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,616 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,378 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,422 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,177 |
| Insurance | $720 |
| All other expenses | $0 |
| Total functional expenses | $23,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,217 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,008 |
| Net Land, buildings, and equipment | $1,021,889 |
| Investments—publicly traded securities | $58,545 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,228,659 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $147,707 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $41,069 |
| Total liabilities | $188,776 |
| Net assets without donor restrictions | $1,039,883 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,228,659 |